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21-year-old daughter refuses to co-sign dad's mortgage for a new house, despite his claims that he won't take money from her, mom takes dad's side: ‘Your distrust in dad is unfair’

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    Cheezburger Image 10537664768
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    AITA for not co-signing a mortgage agreement for my parents?

    I (21f) have been asked by my parents to cosign a home mortgage worth 200k with my brother (22m). For context, my
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    dad and brother lives 3 hours away from my mom and my other siblings because of work. I live in another province for military posting reasons.
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    My dad and brother are currently paying rent, and they're looking to buy a house. However, my dad has filed for bankruptcy
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    and my brother has only been working for 3 months at his new job so he might not get approved. That's why they
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    need me to co-sign for my name and ID. They told me I won't be paying anything because I wont need to put my banking
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    information. That my brother and dad will pay it and i just have to act as a cosigner.
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    This is my first time doing. something like this, especially taking in a big commitment such as a home that I won't even
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    be living in. So naturally I started researching about it. I learnt that if my brother fails to pay it off on time and what not, I am financially responsible
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    for it. I asked my mom questions of what it would mean for me to co- sign. I'm pretty hesitant because of my dad's past history of being in debt.
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    She did not take it well. She said why am i thinking negatively of things, if i really loved my Dad i wouldn't even think
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    in this way and just say yes. I told her it's because i want to think of things realistically and don't want to be in debt in case my brother can't pay things off.
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    NOLIN. TION MORTGAGE APPLIC
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    She said that my distrust in my dad is unfair. And that this is the only help i'll be giving towards my family and I can't even do
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    it. (mind you, im paying for my mom and siblings' house insurance, my mom's phone bill, and other miscellaneous things that they need money for).
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    Now she said she doesn't want me to do it at all because of how i reacted. AITA?
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    TalkToHoro NTA. If you cosign a loan, it is YOUR debt. You are fully responsible. Your credit
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    rating and ability to borrow money for yourself in the future will reflect that. Don't do it, period.
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    Apprehensive-Gur-551 NTA - Do NOT cosign EVER, family or not. Kudos for doing your research, Do not fall for the guilt trip.
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    Thriillsy "If you really loved x, you would do it" If they really loved you, they wouldn't make you do
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    something you're uncomfortable doing. NTA, do not cosign for them.
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    Sylvanago NTA! Personal Global Investor here!! DO NOT DO THIS!! Even when married, have a prenup written for properties!!! AND WITH BL OD FAMILY, DO NOT GET A MORTGAGE WITH THEM!

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